A lot of well-meaning people in this thread make a lot of well-meaning points but collectively fail to address this situation for what it is.
Board spills attract media attention. They need to be announced. Those announcements will be written in the context of deadlines.
This is, for all intents and purposes, business as usual. Consider also MRC is a family-owned operation, which are vulnerable to internal disputes, but also typically tend to survive them. Shareholders ought to have known this.
CEO personality types and media appearance tactics are not what typically make for meaningful analysis...
In terms of the share market price, there has been a strategic rearrangement of securities internally, and a responding retail wave. The price is suppressed now, but has already recovered significantly from Friday. None of us know anything. The company email servers are still working. The company is currently trading.
Give it time!
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